Credit rating agency and investor representatives, including Hermes IM, Moody’s Investors Service, Neuberger Berman, Öhman and Pendal Group, discuss the challenges of ESG consideration in credit risk analysis with examples. This webinar recording merges two sessions featuring different speakers.
By Toby Belsom, Director of Investment Practices, the PRI
Roundtable discussions began considering the various steps that need to be taken to help build a more structured and systematic framework for ESG consideration in credit risk analysis. Three potentially significant steps have been identified so far.
The PRI’s ESG in credit risk and ratings project is for the first time bringing voices from the corporate side into the conversation on how to better incorporate EGS factors into credit analysis.
From 2020, the PRI publishes quarterly updates on the progress that credit rating agencies (CRAs) are making to enhance the transparent and systematic integration of ESG factors in credit risk analysis, in keeping with their commitment to the ESG in Credit Risk and Ratings Statement .